AI-extracted from the 10-Q filed 2026-07-29 — Q2 FY2026 (quarter ended July 4, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales flat at $3.96B YoY; segment profit surged 61% driven by $118M tariff refund gain, productivity improvements, and CAM divestiture proceeds deployed to reduce debt.
Biggest Revenue Drivers
Tools & Outdoor$3,564.3M+3.0% YoY
3% volume increase and 1% FX benefit, offset by 1% strategic outdoor product line transitions
Engineered Fastening$396.4M-18.1% YoY
21% decrease from CAM divestiture, partially offset by 2% volume increase and 1% price
Biggest Revenue Drivers
Total revenue: $3.96BFlat YoY
Tools & Outdoor$3,564.3M+3.0% YoY
3% volume increase and 1% FX benefit, offset by 1% strategic outdoor product line transitions
Engineered Fastening$396.4M-18.1% YoY
21% decrease from CAM divestiture, partially offset by 2% volume increase and 1% price
Largest Expense Items
Cost of sales$2,654.9M-7.8% YoY
Operational cost improvements and $118M net benefit from tariff refunds, partially offset by offsetting costs for variable incentive compensation
Selling, general and administrative$947.9M+8.6% YoY
Incremental variable incentive compensation and growth investments directly attributable to tariff refunds realized
Margins: Gross profit expanded 600 bps to 33.0% of sales (33.7% adjusted) driven by operational cost improvements, favorable product mix, and ~250 bps benefit from net tariff refunds. Operating margins strengthened materially despite SG&A deleverage tied to tariff-related spending.
Watch Items from the Filing
CAM business divestiture proceeds of $1.8B deployed to repay $605.6M commercial paper and fund $252M share repurchases; debt now heavily weighted toward long-term fixed-rate notes, reducing refinancing flexibility.
$118M IEEPA tariff refund gain in Q2 subject to uncertain future phases; no guarantee additional refunds will be realized in full or timeframe; any refunds subject to taxes and further legal/regulatory developments.
Tools & Outdoor segment profit margin 10.9% vs 6.9% prior year; excluding adjustments 11.8% vs 8.0%, driven significantly by transient tariff benefit and variable compensation tied to refund realization.
Restructuring charges $60M YTD ($50M Tools & Outdoor) with expected $120M annual savings by end-2027; $45M reserve remaining, majority to be used within 12 months; execution risk on realization.
Environmental contingent liabilities $249.8M accrued; reasonably possible range $170.4M–$382.9M across Superfund sites and remediation activities; Centredale site litigation ongoing with uncertain allocation phase outcome.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Allan DonaldExecutive ChairShares withheld for tax or exercise price · Jul 5, 2026
Congress trading in SWK
5 transactions in SWK reported by 5 members of Congress under the STOCK Act, most recent trade Jan 12, 2026. Reported transactions, not recommendations.
About STANLEY BLACK & DECKER, INC. (SWK): stock profile, AI score and financials
STANLEY BLACK & DECKER, INC. (SWK) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores SWK at 56.8/100 on a composite quality score built from its SEC filings, placing it at rank #1,127 of 2,925 stocks — the top half of the AI-ranked universe. SWK scores in the top quartile across revenue scale (90.0), institutional flow (88.0), earnings quality (79.3). Areas of concern include revenue growth (21.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), STANLEY BLACK & DECKER, INC. reports quarterly revenue of $4.0B, net income of $351.3M, an operating margin of 12.6%. SWK trades on the NYSE exchange and files with the SEC under CIK 93556. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SWK daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for STANLEY BLACK & DECKER, INC. directly from SEC EDGAR.